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Mar, 2013, 08.08AM IST, The writer has posted comments on this article Nisha Poddar,ET Now
Tata Steel plans to raise $1 bn via global bond issue
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My Saved articles Reduce font size Increase font size Share on Hotklix Share on Facebook Share on Twitter Hotklix Google Bookmarks Reddit Live Bookmarks Yahoo Bookmarks Del.icio.us Digg StumbleUpon Newsvine Technorati Blogmarks Facebook ApnaCircle Read more on »Tata Steel|Rupee|forex|Deutsche Bank|BNP Paribas 4
indiatimes.com/ads.indiatimes.15 (-0.dll/clickthrough?slotid=37105"> <img alt="Advertisement" height="71" width="640" border="0" src="http://netspiderads2. BSE 356.86%) Vol:3043151 shares traded Prices|Financials|Company Info|Reports .dll/photoserv?slotid=37105"></a > RELATED VIDEOS Tata Steel plans to raise $ 1 bn via overseas bond issue Tata Steel Ltd.25 -3.88%) Vol:512073 shares traded NSE 356.10 (-0.com/ads.Tweet 0 inShare <a target="_blank" href="http://netspiderads2.05 -3.
38 %. The steel major may also choose to use part of the funds to refinance some debt. sources with direct knowledge said.aspx?sectid=jsA69xFbDUA= March 07. This may turn out to be a cheaper option for the expansion project given that rupee debt is expensive at over 10. Deutsche Bank. The total project cost is estimated to be around Rs 35. "We will not be commenting on a financial strategy plan. with expense of forex hedging will still be cheaper than raising rupee debt. Standard Chartered are said to be the advisors to the fund raising plan.5%. The bond issuance is expected to have a tenure of 10 years at the rate of 5-6%. Banks like Deutsche Bank. We will disclose it when appropriate.89 % is planning to raise $1 bn via global bond issuance by the end of March. Funds raised via bonds at 5-6%.000 crores.300 cr as reported in Q2FY13.The bond issuance is expected to have a tenure of 10 years at the rate of 56%. Tata Steel has a consolidated debt of Rs 63. 2013 | Business Standard .in/company/media/index.tata." 2 http://www. Tata Steel is expected to use a part of the funds raised to finance the Odisha steel project. Tata Steel said. BNP Paribas. a source said. BNP ParibasBSE 1. Standard Chartered are said to be the advisors to the fund raising plan Tata Group's metal company Tata SteelBSE -0.
Tripti Roy." the company said. sustainability and responsibility. Tata Steel. training and communication. innovation and leadership.Tata Steel recognised as one of world's most ethical companies Ethisphere Institute is a leading international organisation Tata Steel today said it has been recognised as one of the world's most ethical companies for 2013 by the Ethisphere Institute. compliance and ethics programme. corporate governance. at a function held in New York. Tata Steel Managing Director H M Nerurkar commented." Ethisphere has reviewed nominations from companies in more than 100 countries and 36 industries through in-depth research and multi-step analysis. corporate citizenship. "The recognition was awarded post assessment on a number of parameters which included reputation. "It is truly an honour to be recognised for our ethical practices which have always been the driving principle in the way we conduct our business. a leading international organisation. . The award was received by Ethics Counsellor.
com/news/news-byindustry/services/hotels-/-restaurants/indian-hotels-tohave-200-hotels-globally-by-2018end/articleshow/18849401.In another development. Tata Steel is world's second most geographically diversified steel producers with an annual crude steel capacity of over 26. 2013.14PM IST.indiatimes.5 million tones. The writer has posted comments on this articlePTI Indian Hotels to have 200 hotels globally by 2018-end Story Comments (1) . 05. The company has previously been recognised by the Indian MAKE awards on six accounts since its inception in 2005. http://economictimes.cms You are here: ET Home » News » News By Industry » Services 7 Mar. the steel maker said it was conferred with the Most Admired Knowledge Enterprises (MAKE) award for 2012 at Global and Asian level.
Mail This Article My Saved articles Reduce font size Increase font size Share on Hotklix Share on Facebook Share on Twitter Hotklix Google Bookmarks Reddit Live Bookmarks Yahoo Bookmarks Del.com/ads.icio.com/ads.dll/clickthrough?slotid=37105"> <img alt="Advertisement" height="71" width="640" border="0" src="http://netspiderads2.indiatimes.dll/photoserv?slotid=37105"></a > EDITORS PICK Italy's decision not to send back marines 'unacceptable': PM Marines case: Kerala concerned over developments Italy's refusal to send back marines a betrayal: BJP Italy marines will not return to India: Foreign Ministry .us Digg StumbleUpon Newsvine Technorati Blogmarks Facebook ApnaCircle Read more on »Tata Group|Taj Mahal|Taj Hotels Resorts|Raymond|Jamsetji N Tata|Indian Hotels Company Ltd|Indian Hotels Company 3 Tweet 3 inShare <a target="_blank" href="http://netspiderads2.indiatimes.
said it will mainly follow an asset light and management contract model for its future expansion. we will have to follow the asset light and management contract model.40%) Vol:157249 shares traded NSE 320. BSE 319.40 % N Bickson told PTI. Vivanta by Taj taking the number of properties under the Vivanta brand to 26. which has 117 operational hotels.40 -0. The new 208-room hotel is under its upper upscale brand." Indian Hotels Company Managing Director & CEO RaymondBSE -0. The company. He was speaking on the sidelines of the launch of its 100th hotel in India at Gurgaon.80 (-0. On the company's road map for growth Bickson said: "With growing competition in India if we want to retain our market share and grow our brand presence. The hospitality major currently operates in four categories ranging from the .30 (-0." The company will grow nearly 75 per cent through management contracts and about 25 per cent through equity. he added. When asked about investments. he did not share an exact figure.25%) Vol:590718 shares traded Prices|Financials|Company Info|Reports GURGAON: Tata group hospitality major Indian Hotels Company (IHCL) today said it plans to open 83 new hotels globally to take tally to 200 by the end of 2018.90 -1. US committed to bilateral invst with India Raymond Ltd. As of now we have 117 hotels. "We plan to have 200 hotels by the end of five years globally.
upscale/mid-market full service hotels and resorts under the Gateway Hotel brand and economy hotels under the Ginger brand. Tata Group firm Taj Hotels Resorts and Palaces comprises 100 hotels in 58 locations across India with an additional 17 international hotels in the Maldives.luxury brand Taj. Bhutan. US. Australia. upper upscale brand Vivanta by Taj Hotels and Resorts. AirAsia gets FIPB nod for setting up new airline in India Story Comments (24) 6th march 2013 Mail This Article My Saved articles Reduce font size Increase font size Share on Hotklix Share on Facebook Share on Twitter Hotklix Google Bookmarks Reddit Live Bookmarks Yahoo Bookmarks Digg StumbleUpon Newsvine Technorati Blogmarks . Malaysia. Sri Lanka. UK. Africa and the Middle East.
AirAsia plans to launch a regional airline in India with an initial investment of Rs 800 million ($15 million) to cash in on rising demand for domestic air travel among India's rapidly expanding middle class. According to ET Now's sources at the Finance Ministry there were some ambiguities on whether the revised FDI in aviation rules are applicable to new JVs or only existing companies in the sector. sources said NEW DELHI: Foreign Investment Proposal Board (FIPB) has cleared the Tata Sons-AirAsia Joint Venture investment proposal.> RELATED VIDEOS FIPB clears AirAsia's investment proposal: Sources There were some ambiguities on whether the revised FDI in aviation rules are applicable to new JVs or only existing companies. . reported ET Now.
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